Mint / Bond Your MOVE (1, 1)

The Mint page allow users to mint MOVE from the protocol at a discount by trading it with i) liquidity (LP tokens) or ii) other assets. The former is called liquidity minting and the latter reserve minting.

The minting action create bonds which take roughly 5 days to vest, and MOVE tokens are vested linearly to the user over that period. Liquidity minting help the protocol to accumulate and lock liquidity, while reserve minting allow the protocol to grow its treasury, and thus its Backing per MOVE faster.

MOVE Ecosystem Fund offers currently different types of assets that can be used to mint MOVE on its website:

We are working actively towards adding Real World Assets, Metaverse & Gaming projects to be available to be used to mint MOVE.

How to Redeem

Go to the Mint page and select the bond type you have purchased. Select the "Claim" tab.

Use the Claim to claim all of your available rewards, and have the pending MOVE sent to your wallet!

Understanding the Info

Bond Page:

  • MOVE Bond Price is the price of MOVE you get from minting. You can calculate the mint price using the following formulae:

- LP Mint: (Value of your LP token / MOVE you'll get from minting)

- USDT/C Mint: (Value of your lzUSDT/C token / MOVE you'll get from minting)

  • MOVE Price is the market price of MOVE.

  • Your Balance is your balance of LP tokens or asset used to mint.

  • You Will Get tells you how many MOVE tokens you will get from minting.

  • Vesting Term measures the period a minting action takes to fully redeem.

Claim Page

  • Token Remaining is the amount of MOVE you are entitled to receive from minting.

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